| EDIT latest price $69.7500 (8.87%) ($69.7500 - $69.7500) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.72% (three month average) |
RSI | 45 |
Latest Price | $69.7500(8.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.2% a day on average for past five trading days. |
Weekly Trend | EDIT declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(66%) IWO(62%) IWC(59%) IBUY(58%) IWM(57%) |
Factors Impacting EDIT price | EDIT will decline at least -3.86% in a week (0% probabilities). VIXM(-32%) UUP(-16%) VXX(-13%) TBT(-7%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.86% (StdDev 7.72%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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